Department of Justice Formally Opens Consent Decree Review

June 5, 2019

NEW YORK, June 5, 2019 – The Department of Justice today opened a request for public comment regarding the ASCAP and BMI consent decrees.

Below is a statement from ASCAP Chief Executive Officer Elizabeth Matthews on this development:

"Thanks to the DOJ’s review, we now have the unique opportunity to reimagine the music marketplace in today’s digital age. A more flexible framework with less government regulation will allow us to compete in a free market, which we believe is the best way for our music creators to be rewarded for the value of their music.  A free market would level the playing field, encourage competition and allow us to innovate on behalf of music creators and licensees alike, while ensuring fair compensation for songwriters."

A joint letter from ASCAP and BMI on consent decree reform can be found at: https://www.ascap.com/press/2019/02/02-28-ascap-bmi-announcement.

About ASCAP

The American Society of Composers, Authors and Publishers (ASCAP) is a professional membership organization of songwriters, composers and music publishers of every kind of music. ASCAP's mission is to license and promote the music of its members and foreign affiliates, obtain fair compensation for the public performance of their works and to distribute the royalties that it collects based upon those performances. ASCAP members write the world's best-loved music and ASCAP has pioneered the efficient licensing of that music to hundreds of thousands of enterprises who use it to add value to their business - from bars, restaurants and retail, to radio, TV and cable, to Internet, mobile services and more. The ASCAP license offers an efficient solution for businesses to legally perform ASCAP music while respecting the right of songwriters and composers to be paid fairly. With more than 700,000 members representing more than 11.5 million copyrighted works, ASCAP is the worldwide leader in performance royalties, service and advocacy for songwriters and composers, and the only American performing rights organization (PRO) owned and governed by its writer and publisher members. Learn more and stay in touch at www.ascap.com, on Twitter and Instagram @ASCAP and on Facebook.

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CONTACT:

Cathy Halgas Nevins

ASCAP

cnevins (at) ascap.com